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(Sharecast News) - Amigo Loans announced on Monday that its independent customer committee (ICC) has confirmed its preference for the company's "new business" scheme of arrangement, which would see the company resuming new lending and making a £97m initial cash contribution to its creditors.
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LONDON MARKET CLOSE: Stocks attempt to rebound from Omicron rout
Read moreLONDON MARKET MIDDAY: FTSE 100 bounces 80 points as Omicron fears ease
Read moreSMALL-CAP WINNERS & LOSERS: Amigo hit by complaints scheme uncertainty
Read moreAmigo shares plunge as administration threat overshadows profit swing
Read more(Sharecast News) - Guarantor loan company Amigo proposed a new plan to cover its liability on Monday, including a new equity raise, sending its shares tumbling on dilution concerns.
Read moreLONDON MARKET OPEN: FTSE 100 rebounds but Omicron uncertainty lingers
Read moreLONDON MARKET PRE-OPEN: FTSE 100 could recoup nearly 100 points
Read moreUK earnings, trading statements calendar - next 7 days
Read more(Sharecast News) - Shares in Amigo surged on Wednesday as the troubled subprime lender confirmed it had submitted a revised Scheme of Arrangement aimed at settling thousands of outstanding complaints.
Read moreSMALL-CAP WINNERS & LOSERS: Amigo surges on encouraging trading
Read moreAmigo Holdings reports "encouraging" trading in first half
Read moreIN BRIEF: Amigo funding waiver expires, to hold onto facility
Read moreLONDON MARKET OPEN: Trepidation abounds ahead of Powell speech
Read more(Sharecast News) - Amigo Holdings' profit increased in the first quarter but the embattled subprime lender warned its balance sheet was insolvent after a court turned down its rescue plan.
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